I'll bet the 20 state composite case-shiller value never gets much below 160 (if that) from it's current 167.7
That is about the extent I care about.
The peak to trough BAC has used for provisioning is more than adequate and it will have write-ups to come in all likelihood.
Your prediction of a further 50% decline from current levels is laughable... That index value of 167.7 will never come close to a further 50% reduction. Saying things like that just makes you look like one of these ignoramuses...
I don't think that Martin Feldstein is laughable. I would say he knows what he is talking about. You pumpers trying to get this stock up have no clue what is going to happen to house prices. The fact that option arms are not yet hitting should give you bozos a clue.